Demand for houses in Hertfordshire currently exceeds that of flats by a significant margin, and COVID-19 is credited with fuelling this desire for larger homes and increased outside space among buyers.
Published:
9:04 AM March 2, 2021
Updated:
5:14 PM March 2, 2021
There s been good news for the housing market across Hertfordshire - but which of the county s postcodes are the hottest?
- Credit: Getty Images/iStockphoto
The St Albans property market is one of the hottest in Hertfordshire - though a handful of areas are faring even better.
PropCast compared the percentage of Herts homes that were ‘under offer’ or ‘sold subject to contract’ in both July 2020 and January 2021 in different postcodes to see the effect of the pandemic on buyer demand.
Stevenage’s SG2 recorded the highest ‘heat temperature’ in January at 75°, meaning 75 per cent of homes for sale were under offer or sold subject to contract, with growth of 47 per cent since last July.
Gabriel Square, St Albans
- Credit: Supplied by Martine Bridge [mbri
The pandemic is doing nothing to dampen St Albans’ sizzling property market, new research has confirmed.
According to house selling weather forecast site, PropCast, 56 per cent of homes for sale in the Cathedral city are currently under offer.
This gives St Albans a ‘heat ranking’ of 56° and places it mid-table in a countdown of 61 cities in England, Scotland and Wales, in 28th place.
Buyer demand is currently highest in Stirling at 75°, and lowest in Westminster and Aberdeen, which share a score of 14°, with 75 per cent and 14 per cent of homes under offer.